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liberalisation

06 April 2018

Attorney general KK Venugopal spoke at an event late last month about foreign lawyers in India, according to the Times of India:

22 March 2018

The government said in Lok Sabha on 21 March that the “entry of foreign law firms... on basis of reciprocity is under consideration by Government”, as first reported by LiveLaw.

14 March 2018

“I received a call from the government today,“ Kaviraj Singh, secretary general of the Indian National Bar Association (INBA), told us yesterday. Staunchly pro-liberalisation INBA and Singh have been one of the stakeholders involved in discussions with the Indian government.

13 March 2018

As first reported by Live Law, the Supreme Court has upheld the right of foreign lawyers to fly in on a temporary basis to India to advise clients, as well as finding that foreign lawyers should be allowed to conduct international arbitrations in India.

12 March 2018

The long-long-running Supreme Court case hearing the Bar Council of India (BCI) appeal against the Madras high court's AK Balaji judgment, which allowed foreign law firms to operate in India on a fly-in-fly-out basis, is listed for tomorrow as cause list number 1501.

01 February 2018

The Supreme Court today finished hearing counsel in the Bar Council of India (BCI) petition against the practice of law by foreign lawyers in India, in a hearing that began in the morning and reconvened at 3pm to finish only by nearly 5:30pm.

11 January 2018

Indian lawyers practising abroad would end up bearing the brunt of the Bar Council of India (BCI) potential regulation of foreign law firms under the current regulatory regime, argued London Court of International Arbitration (LCIA) counsel Dushyant Dave before the Supreme Court yesterday.

16 November 2017

On Saturday, 11 November, the Indian National Bar Association (INBA) had held the “Bar Leadership Summit on Reforms in the Indian Legal Sector” conference to discuss the future and liberalisation of the legal profession, and to bring together leaders of the bar and the government.

08 November 2017

Luthra & Luthra senior partner Mohit Saraf, who was one of the Indian law firm promoters requesting the commerce ministry in liberalisation negotiations to prevent foreign firms from hiring Indian lawyers, said in an interview with Asia Legal Business that if foreign firms open in India, they would only be with a “very small office”.

26 October 2017

In an online straw poll of foreign law firm India group partners we conducted, 15 out of 16 (94%) responded that opening an office in a special economic zone (SEZ) in India “would not be interesting for us under any circumstances”, casting doubt over the government's current seemingly preferred approach to liberalise the Indian legal market by starting with SEZs.

06 October 2017

The Bar Council of India (BCI) appeal against the AK Balaji judgment of the Madras high court against 31 foreign law firms has been tentatively scheduled to finally happen on 20 November 2017, with the Supreme Court registry giving the green light in a 3 October order (see below), noting that all defects in service had now been cured.

22 September 2017

At a smaller meeting called by the commerce ministry on 1 September with legal industry stakeholders, including Society of Indian Law Firms (Silf), the Indian National Bar Association (INBA) and Bar Association of India (BAOI), the three Silf members present reiterated their position that foreign law firms, if they were to enter India, shouldn't be allowed to hire Indian lawyers.

25 August 2017

The commerce and law ministries are unequivocally in favour of opening up the legal sector to foreign lawyers as soon as possible, reveal the full minutes of the July meeting between ministries and lawyers, though the details of how this will be done remain uncertain.

10 August 2017

Following our exclusive report of a ministry meeting with lawyer stakeholders on 28 July, at which prime minister Narendra Modi's intention was made clear to allow foreign law firms to enter on a “top priority” basis, ET NOW has re-reported the development and interviewed two eminent senior counsel - Harish Salve and Gopal Jain - who both spoke out in favour of the prompt entry of foreign law firms.

28 July 2017

The law and commerce ministries, including law minister Ravi Shankar Prasad, met with a number of stakeholders of the Indian legal profession today, paving the way for the first stage of allowing foreign law firms to set up shop in India.

19 July 2017

The government has moved for an early hearing in the Bar Council of India (BCI) AK Balaji appeal in the Supreme Court, reported Bar & Bench.

10 July 2017

Chief Justice of India (CJI) JS Khehar, as probably the first sitting CJI having been reported to do so, as far as we are aware, said at a function on Saturday (8 July) that legal market liberalisation should take place.

12 May 2017

General Counsel (GC) from 87 Indian companies would mostly like foreign law firms (FLFs) to come into India, but fewer than half of them would prefer giving their business to the FLFs, even though a majority of them find that the FLFs are generally more competent than Indian law firms.

02 May 2017

When we interviewed former J Sagar Associates (JSA) senior partner Berjis Desai last month about his new post-retirement life as a private lawyer, he said that one of the advantages with not being inside a law firm anymore, was that “one is freed from the world of conflict of interest - one is free to say what he wants, and speak what one wants.”

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